Title

U.S.-China Relations in the Wake of CNOOC

James A. Dorn

U.S.-China Relations in the Wake of CNOOC

CNOOC, a subsidiary of state-owned China National Offshore Oil Company, lost to Chevron in a bid to acquire Unocal. This loss did not occur because of Chevron's lower bid, but rather because of U.S. Congressional intervention that blocked the acquisition of the small U.S. energy company by a...
Topics: 
Business, Energy
Keywords: 
Protectionism, Economy